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SCHEDULES

SCHEDULE 3U.K.Freezing orders

LicencesU.K.

4(1)A freezing order must include—U.K.

(a)provision for the granting of licences authorising funds to be made available;

(b)provision that a prohibition under the order is not to apply if funds are made available in accordance with a licence.

(2)In particular, an order may provide—

(a)that a licence may be granted generally or to a specified person or persons or description of persons;

(b)that a licence may authorise funds to be made available to or for the benefit of persons generally or a specified person or persons or description of persons;

(c)that a licence may authorise funds to be made available generally or for specified purposes;

(d)that a licence may be granted in relation to funds generally or to funds of a specified description;

(e)for a licence to be granted in pursuance of an application or without an application being made;

(f)for the form and manner in which applications for licences are to be made;

(g)for licences to be granted by the Treasury or a person authorised by the Treasury;

(h)for the form in which licences are to be granted;

(i)for licences to be granted subject to conditions;

(j)for licences to be of a defined or indefinite duration;

(k)for the charging of a fee to cover the administrative costs of granting a licence;

(l)for the variation and revocation of licences.